A fintech company transitioning to a fully licensed digital bank through the acquisition of Bank Zero.
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South African Fintech Lesaka Acquires Bank Zero for $61.4M
Lesaka Technologies agrees to acquire Bank Zero for ZAR 1.091 billion ($61.4 million). The acquisition will be funded through ~12% of Lesaka's fully diluted shares and up to ZAR 91 million ($5.1 million) in cash.
South African Fintech Lesaka Acquires Bank Zero for $61.4M
Lesaka Technologies agrees to acquire Bank Zero for ZAR 1.091 billion ($61.4 million). The acquisition will be funded through ~12% of Lesaka's fully diluted shares and up to ZAR 91 million ($5.1 million) in cash.
